Hancock Schools asks for millage renewal
HANCOCK — A five-year millage for Hancock Public Schools expires this year, and a renewal request will appear on the ballot of the May 7 election.
The request is not for an increase on top of the current millage, superintendent Kipp Beaudoin said, but is a request for a renewal on the millage set to expire.
“The millage will expire in the fall,” he said, “and will continue through this cycle, but the district is requesting the renewal before the current cycle expires.”
The current millage is 18 mills, Beaudoin said, but the renewal request asks district taxpayers “to nudge that up just a bit.”
The proposal asks if the operating millage should be renewed by 18.86 mills ($18.86) on each $1,000 taxable valuation, for a period of 10 years, 2020-2029 inclusive. It also asks for an increase of 0.5 mill ($0.50 on each $1,000 of taxable valuation).
The proposal, if passed, will allow the school district to continue to levy the statutory rate not to exceed 18 mills on all property, except principal residences, and other property exempted by law, required for the school district to receive is full revenue per pupil foundation allowance, and provides restoration of the millage that could be lost as a result of the reduction required by the Michigan Constitution of 1963.
Beaudoin said that includes rental units, apartment complexes and businesses but does not include a person’s primary home.
The estimate of the revenue the school district will collect if the millage is approved and 18 mills are levied in 2020 is approximately $1,228,700.
This is a renewal of millage that will expire with the 2019 levy, and the additional of millage which will be levied only to the extent necessary to restore millage lost as result of the reduction required by the Headlee amendment to the Michigan Constitution of 1963.